I think it’s reasonable to give the new management time to look over the details, though I don’t know how Ford’s plans are going to change.

They may be a little slow for new models, … (Chrysler) may still be pipeline filling, building up dealer inventories for Concorde. They have a lot of hopes pinned on those cars.

I would be surprised if they show a third quarter that’s better than my numbers, and I’d be interested in finding out why.

Hertz has become less and less important as an outlet for Ford cars as Ford has pared back sales to Hertz and other daily rental companies. It’s really a non-core business right now.

They’ve got some interesting new stuff coming out. They’re going to continue to do better than GM and Ford in North America, but I think there’ll be a squeeze on their earnings.

You have an earnings penalty and a cash benefit, neither of which is overwhelming.

It will be ugly. It will be expensive.

I hate to disappoint the people who want to panic, but this is strictly housekeeping. I would think with all these things cleared up, it may clear out some small hurdles that otherwise might have...

isn’t going to make or break the company.

This is a young, up-and-coming team and there is hope for the future. Of course the last two results have been disappointing but there is plenty to build on.

No matter how you slice it, … it’s one of the best months ever.

These are small, insignificant adjustments relative to the size of the company.

Barring something we don’t see coming, like $2 gasoline or 10 percent interest rates, I don’t see the slowdown coming anytime soon.

It’s a list of housekeeping items. I hate to disappoint the people who want to panic over all this.

It looks like they bought a good part of York’s program, though I’m not sure they didn’t plan these changes anyway. York’s arrival on the board simply accelerated the changes.

Obviously the market likes the Chrysler deal, … But this doesn’t have to cause a cascade of other mergers.